General Motors ignition switch compensation fund said Monday it has now approved compensation for 104 deaths — four more than a week earlier.The total number of approved claims is nearing 300.
The Justice Department, 50 state attorneys general, the Securities and Exchange Commission and Transport Canada are investigating GM’s delayed recall, which led to the firings of 15 GM employees last year.
Some Wall Street analysts have speculated GM may have to pay a fine to resolve the investigations that could top $2 billion. GM in May 2014 paid a $35 million fine to the National Highway Traffic Safety Administration to resolve its investigation and agreed to up to three years of intense monitoring.
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